Former U.S. President Donald Trump released a new series of 47 thousand tokens, it was sold out within 24 hours

Sales of the first NFT collection of Donald Trump rose 860% after the launch of the second series of tokens. According to the Cryptoslam platform, secondary sales of items from the first issue of Trump Digital Trading Cards totaled $384,000 per day. During the week before the announcement of the new batch of NFTs, sales were $20,000 to $40,000 per day.

Also sales of the second series of NFTs featuring the former U.S. president began April 18. He appears on them as Elvis Presley, the chess king, in company with a fire lion and in other flamboyant images.

The new collection includes 47,000 NFTs – 2,000 more than the first issue. Buyers of the 47 tokens got a chance to be a guest at a dinner with Trump at his Mar-a-Lago resort in Florida. The number 47 could be a hint at his intention to become the 47th president of the United States.

The initial cost of the “cards” remained the same – $99. However, as stated on the site, all tokens have already been sold out.

Our experts note that the first collection of 45 thousand NFT on the blockchain Polygon Trump released last December. There were 44 thousand tokens for sale. All NFTs were sold out in the first 24 hours. And initial sales brought the project nearly $4.4 million.

Despite an increase in sales of NFTs from the first collection, the minimum price for them on the largest NFT-marketplace OpenSea fell by 64% overnight. On April 19, it stands at 0.1396 ETH ($279), almost three times the initial price of NFT.

A NFT, which was priced at $99 after release, sells in the $700 to $1,400 range.

Donald Trump’s arrest triggered a burst of interest in his NFT. Trading volume of digital tokens from the former U.S. president increased by 89.8% overnight, according to CryptoSlam.

On the evening of April 4, Trump was arrested pending arraignment the same evening. He was charged with 34 episodes, including falsifying business records. The 45th U.S. president himself considered what was happening to be “political harassment and election interference at the highest level in history” by Democrats. He did not admit guilt.

Trump issued a collection of 45,000 NFTs on the Polygon blockchain last December 15. The tokens represent images of him in the form of collectible baseball cards. There were 44,000 NFTs for sale at $99 apiece. All tokens were sold out in the first 24 hours, primary sales brought the project almost $4.4 million.

On April 3, token sales totaled $22,600, but NFT was sold for $70,300 on April 4. During the last day, 78 tokens were sold at prices ranging from $700 to $1,400.

Our experts note that despite a short-term increase in interest in Trump’s NFT collection against the backdrop of the trial. His NFT sales this past March were down from previous months. Thus, in March the volume of trading was $2 million, in February – $4 million, in January – $2.6 million. And for the half of December, when the collection was released – $9.9 million.